LPT/USDT market analysis
This screenshot clearly shows that the current resistance level provides an excellent opportunity to enter shorts on the LPT/USDT pair. The area highlighted by the red rectangle indicates an area where traders may consider opening a short position while waiting for the price to reach the take profit level indicated by the lower line.
🔴 Enter short: When the price reaches the resistance level.
🟢 Take Profit: At the mark indicated by the lower horizontal line.
🛑 Stop Loss: Should be set just above the high in the resistance zone on the 4-hour chart.
💡 Tip: Always consider risk management and don’t risk more than you are willing to lose.
